Six Flags Entertainment Corporation/NEW (FUN) Form 10-Q — Aug 6, 2026
Six Flags Entertainment (NYSE: FUN) reported Q2 2026 net revenues of $864.9 million, down 7.0% year over year, with the net loss attributable widening to $202.6 million, or $1.99 per diluted share, from $99.6 million, or $0.99, a year ago. The wider loss was driven largely by a $157.4 million tax provision recorded despite a $20.1 million pre-tax loss. Underlying operations improved: on a same-park basis, first-half net revenues rose 4.3% with attendance up 3.6%, Q2 operating income climbed 19.0% to $88.6 million, and first-half Adjusted EBITDA increased to $120.0 million from $71.8 million.
Key figures
- Revenue
- 1090546000
- Total Debt
- 4971934000
- Revenue Yoy
- -3.7% (H1 2026 reported basis)
- Total Assets
- 7435253000
- Cash Position
- 134528000
- Shares Outstanding
- 102316312
- Notes2032
- $1.0 billion of 8.625% senior unsecured notes due January 15, 2032 issued January 2026
- Q2 Revenue
- 864919000
- Total Equity
- 114727000
- Q2 Attendance
- 13.128 million visits, -7.5% YoY reported
- Q2 Revenue Yo Y
- -7.0%
- Q2 Tax Provision
- 157410000
- Adjusted Ebitda H1
- 120034000
- Leverage Covenant
- Pro forma Total Indebtedness to Consolidated Cash Flow and Net Total Leverage both greater than 5.50x as of June 28, 2026; in compliance with revolver Net First Lien Leverage covenant
- Q2 Adjusted Ebitda
- 243073000
- Interest Expense H1
- 196980000
- Q2 Operating Income
- 88604000
- Impairment Losses H1
- 38640000
- Operating Cash Flow H1
- 152695000
- Q2 Per Capita Spending
- 62.89
- Q2 Operating Income Yo Y
- +19.0%
- Revolver Availability
- 702800000
- Sale Transaction Price
- $331.4 million cash for seven parks sold to EPR Properties, plus ~$32 million estimated working capital/closing adjustments
- Loss On Disposal Group H1
- 37840000
- Same Park Revenue Growth H1
- +4.3%
- Adjusted Ebitda H1 Prior Year
- 71828000
- Q2 Adjusted Ebitda Prior Year
- 242618000
- Same Park Attendance Growth H1
- +3.6%
- Sfog End Of Term Option Payment
- $367.2 million payable to limited partner in January 2027 (as of June 28, 2026, subject to CPI adjustment)
- Operating Cash Flow H1 Prior Year
- 8944000
- Loss On Early Debt Extinguishment H1
- 4100000
Price after filing
Close on the filing date to close N calendar days later (from $18.14). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.